A Medford bakery plans to move to an expanded site in Malden with the help of local and state tax breaks. Hoff’s Bakery currently occupies 30,000 square feet at 1 Brainard Ave. in Medford. The firm is planning to invest $19.5 million to purchase and renovate a 100,000-square-foot facility at 35 Green St., provided it is able to finalize purchase of the building and secure needed permits, according to owner Vincent Frattura. The building is now occupied by Asahi America, a thermoplastic valve manufacturer relocating to a larger facility in Lawrence. Malden is supporting the Hoff’s Bakery project with a five-year special tax assessment — or property tax break — valued at $573,470. The state Economic Assistance Coordinating Council recently approved the tax break while also awarding Hoff’s $875,000 in state investment tax credits. Hoff’s was founded as a small bakery in 1983 and has grown from a product line of locally sold cheesecakes to a manufactured line of gourmet cakes, tortes, desserts, brownies, dessert bars, and mini pastries. The project will enable the bakery to create 70 new net full-time jobs while retaining its existing full-time workforce of 78 employees.
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